Velodyne Reduces its Low-End LiDAR Price by 50%

BusinessWire: Velodyne LiDAR announces a cost reduction for its most popular LiDAR sensor. The VLP-16 is now offered to customers around the world for up to a 50% cost reduction.

“Demand for our VLP-16s grew tremendously in 2017. As a result, we increased capacity and now can pass along savings as cost reduction to our customers,” said David Hall, Founder and CEO, Velodyne LiDAR. “We want to make 2018 a year of optimism for the autonomous vehicle, especially as the first waves of robocabs hit the road. Our goal is the democratization of transportation safety by making it accessible to every man, woman, and child in the world as quickly as possible.”